Blk 553 Hougang Street 51
About 553 Hougang St 51
553 Hougang Street 51 is an HDB block in Hougang. It comprises 4 room and 5 room units with the highest floor being 12. The block was completed in 1989 and the lease with HDB commenced in the year 1989. This leaves a remaining lease period of approximately 71 years 05 months.
Based on past transactions data, the unit floor size are 104 and 121sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in May 2024 for a 5 room unit at $650,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 553, including Punggol Primary School, Palm View Primary School and Yio Chu Kang Primary School.
For secondary education, the nearby schools include Montfort Secondary School, Hougang Secondary School and North Vista Secondary School.
Public transportation is also convenient, with several MRT stations close to 553, including Buangkok MRT Station (NE15) and Hougang MRT Station (NE14). There are also 7 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $500,000 | $533,472 | $600,000 | 4 |
| 5 room | $588,000 | $613,555 | $650,000 | 7 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,900 | $2,900 | $2,900 | 1 |
| 5 room | $2,200 | $2,858 | $3,500 | 6 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 553 Hougang Street 51.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room price : Trending up
Resale transaction details and prices
There were a total of 11 resale transactions in the last 3 years for units in block 553 Hougang Street 51, with the latest one recorded in Oct 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Oct 2024 | $600,000 | $5,769 | 4 Room | Blk 553 Hougang Street 51 4 Room / 104 sqm | 10 to 12 | 104 sqm | Model A | 1989 |
| Jun 2024 | $633,888 | $5,239 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 04 to 06 | 121 sqm | Improved | 1989 |
| May 2024 | $650,000 | $5,372 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 04 to 06 | 121 sqm | Improved | 1989 |
| Feb 2024 | $523,888 | $5,037 | 4 Room | Blk 553 Hougang Street 51 4 Room / 104 sqm | 01 to 03 | 104 sqm | Model A | 1989 |
| Aug 2023 | $598,000 | $4,942 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 01 to 03 | 121 sqm | Improved | 1989 |
| Jun 2023 | $625,000 | $5,165 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 07 to 09 | 121 sqm | Improved | 1989 |
| May 2023 | $500,000 | $4,808 | 4 Room | Blk 553 Hougang Street 51 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1989 |
| May 2023 | $605,000 | $5,000 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 01 to 03 | 121 sqm | Improved | 1989 |
| Dec 2022 | $595,000 | $4,917 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 01 to 03 | 121 sqm | Improved | 1989 |
| Sep 2022 | $510,000 | $4,904 | 4 Room | Blk 553 Hougang Street 51 4 Room / 104 sqm | 10 to 12 | 104 sqm | Model A | 1989 |
| Jul 2022 | $588,000 | $4,860 | 5 Room | Blk 553 Hougang Street 51 5 Room / 121 sqm | 07 to 09 | 121 sqm | Improved | 1989 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 553 Hougang Street 51.
- 4 room rental : Stable trend
- 5 room rental : Stable trend
- 4 room rental price : Stable trend
- 5 room rental price : Trending up
Rental transaction details and prices
There were a total of 7 rental transactions in the last 3 years for units in block 553 Hougang Street 51. The latest recorded one was in May 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| May 2024 | $3,500 | 5 Room | Blk 553 Hougang Street 51 5 Room | Hougang |
| Dec 2023 | $2,900 | 4 Room | Blk 553 Hougang Street 51 4 Room | Hougang |
| Nov 2023 | $3,500 | 5 Room | Blk 553 Hougang Street 51 5 Room | Hougang |
| Jul 2023 | $3,300 | 5 Room | Blk 553 Hougang Street 51 5 Room | Hougang |
| Mar 2023 | $2,400 | 5 Room | Blk 553 Hougang Street 51 5 Room | Hougang |
| Jul 2022 | $2,250 | 5 Room | Blk 553 Hougang Street 51 5 Room | Hougang |
| May 2022 | $2,200 | 5 Room | Blk 553 Hougang Street 51 5 Room | Hougang |
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Property information for 553 Hougang Street 51
| Block | : | 553 |
| Street | : | Hougang Street 51 |
| Building | : | |
| Postal code | : | 530553 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 104 sqm, 121 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Model A, Improved |
| Lease commencement | : | 1989 |
| Year completed | : | 1989 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
